Asset Refinancing
Release capital against equipment you already own. Refinancing unlocks the value tied up in your machinery so it can be used to grow the farm, consolidate borrowing or ease cash flow. At DNA Finance we work with specialist agricultural lenders that understand the industry. We are a broker, not a lender: we handle the application by telephone and manage the process on your behalf.
How can refinancing help?
- Release cash from tractors, combines and machinery you own outright
- Refinance equipment nearing the end of an existing agreement
- Consolidate several finance agreements into one payment
- Fund a deposit on land, buildings or new machinery
- Ease seasonal cash flow without selling stock or assets
- Sale-and-leaseback structures where appropriate
Who can we help?
- Farmers and contractors with unencumbered machinery
- Businesses with equity in equipment still under finance
- Farms consolidating existing borrowing
- Farmers with bad credit history or existing large debts, considered on their merits
- Tenant farmers who own their machinery but not their land
How much can you borrow?
£10,000 to £5 million
The amount available depends on the current value of the equipment and any finance still outstanding on it. A valuation or inspection may be required for higher-value machinery. Terms run from 3 months to 5 years.
How quickly can funding be arranged?
Initial decision typically within 24 hours
The application is a simple, quick telephone conversation. For refinancing requests an initial lending decision is typically given within 24 hours, subject to assessment. Nothing is guaranteed in advance and every application is considered on its own circumstances.
What do lenders look for?
Knowing what underwriters weigh up lets us present your case properly the first time, which means faster decisions and better terms.
- 01The current market value of the equipment being refinanced
- 02Any outstanding finance secured on the assets
- 03Farm accounts, trading history and seasonal cash-flow pattern
- 04Any subsidy, grant or contract income supporting repayments
- 05Existing borrowing and overall affordability, including larger debts
Asset Refinancing questions
Get an Asset Refinancing Quote
Tell us a little about your farm and requirement. We'll discuss asset refinancing options with our specialist agricultural lenders and come back to you with clear terms. No obligation, no impact on your credit score.
- Specialist agricultural lenders
- Simple telephone application
- Bad credit and existing debts considered
- No obligation quote
Asset Refinancing guides
Other agricultural funding
Tractor and Combine Finance
New and used tractors, combines and harvesting machinery on terms that fit the farming year.
Agricultural Contractor Finance
Machinery, vehicles and working capital for land-based contracting businesses.
Tenant Farmer Finance
Finance for tenant farmers assessed on the business, not the deeds.